Suppose the following data were taken from the 2022 and 2021 financial statements of Ame including share data, are in thousands) Current assets Total assets Current liabilities Total liabilities Net Income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding Current ratio (b) 2022 Earnings per share Debt to assets ratio 2022 Free cash flow S (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2021 2.1 2022 11 2022 2022 $871.500 1,908,500 415,000 564,916 197,760 322.000 0.96 289,000 49.000 82.000 206,000 Calculate earnings per share for each year. (Round answers to 2 decimal places, eg 15.25) 0.296 % 2021 2021 $972,000 1,786,000 $ 360,000 528.656 410,590 498.600 290,200 126,700 216.100 (c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, eg 29.5%) 27 2021 11 2021 (d) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number eg-45 or parenth (45). Enter amounts in thousands) 1.50 81,700 0296 % moers
Suppose the following data were taken from the 2022 and 2021 financial statements of Ame including share data, are in thousands) Current assets Total assets Current liabilities Total liabilities Net Income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding Current ratio (b) 2022 Earnings per share Debt to assets ratio 2022 Free cash flow S (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2021 2.1 2022 11 2022 2022 $871.500 1,908,500 415,000 564,916 197,760 322.000 0.96 289,000 49.000 82.000 206,000 Calculate earnings per share for each year. (Round answers to 2 decimal places, eg 15.25) 0.296 % 2021 2021 $972,000 1,786,000 $ 360,000 528.656 410,590 498.600 290,200 126,700 216.100 (c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, eg 29.5%) 27 2021 11 2021 (d) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number eg-45 or parenth (45). Enter amounts in thousands) 1.50 81,700 0296 % moers
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter17: Financial Statement Analysis
Section: Chapter Questions
Problem 17E
Related questions
Question
Godo
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Recommended textbooks for you
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage